Revolut and MetaMask unveil ‘Revolut Ramp’ for seamless crypto transactions
‘Revolut Ramp' aims to improve seamless crypto transactions. Users can buy and deposit up to 20 cryptocurrencies directly into MetaMask wallets. The partnership highlights Revolut's adoption of crypto among industry shifts.
In a strategic move, UK-based neobank, Revolut, has partnered with MetaMask, the world's leading cryptocurrency wallet, to introduce a valuable feature called ‘Revolut Ramp'.
This collaboration aims to meet the growing demand for user-friendly crypto services and streamline the process of buying and depositing cryptocurrencies directly into the MetaMask wallet.
Revolut Ramp's crypto integration
Revolut Ramp, Revolut's latest fiat/cryptocurrency on-ramp, is set to change the way consumers interact with digital assets. This innovative feature allows Revolut's extensive user base of 40 million to purchase various cryptocurrencies and deposit them into their MetaMask wallets.
The partnership leverages MetaMask's broad reach, with 30 million users, to provide a seamless and straightforward experience for individuals seeking greater control over their crypto assets. Users can effortlessly buy up to 20 cryptocurrencies including popular options like Ethereum (ETH), USD Coin (USDC) and Shiba Inu (SHIB) through the MetaMask app, browser extension and portfolio platform.
The Revolut Ramp integration with MetaMask will not only increase accessibility, but also accelerate the adoption of cryptocurrencies by simplifying the onboarding process for existing Revolut customers and new users. The partnership demonstrates its commitment to making crypto more accessible and sophisticated for a wider audience.
The financial industry will shift to crypto integration.
The collaboration between Revolut and MetaMask comes at a time when the financial landscape is witnessing a major shift towards cryptocurrency integration.
Wall Street giants like BlackRock and Fidelity are actively contributing to the crypto space, particularly through the boom in bitcoin exchange-traded funds. Similarly, smaller players like Robinhood, PayPal and Venmo are expanding their cryptocurrency services, reflecting the industry's growing acceptance of digital assets.
Revolut's move to further increase its presence in the crypto space coincides with the company's commitment to offering a range of financial services.
Although the year Despite facing challenges including financial losses and foreign controversies in 2022, Revolut remains steadfast in its commitment to expanding crypto products.
